Amerisource Business Capital closed a $500,000 credit facility for a custom equipment fabrication company based in Texas.
Proceeds from the facility will be used to support the company’s working capital growth.
Allison Billings, regional market manager for Amerisource, commented, “We are excited to partner with this local company and its experienced management team. We have enjoyed working with the new owners during the onboarding process and are pleased to welcome them to the Amerisource family.”
Amerisource is one of the largest independent finance companies in the nation, having provided over $8 billion in capital to borrowers and clients through both its asset based lending arm (Amerisource Business Capital) and its A/R financing arm (Amerisource Funding). Amerisource has offices located throughout the United States.
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